Firms  Seal Deal to Deliver Clean Energy to 600m Africans

Peter Uzoho 

Genesis Energy Holding,  a Pan-African clean energy infrastructure development company and Desert Technologies have signed a strategic collaboration agreement aimed at accelerating clean energy access in Nigeria and other parts of the African continent with a target to reach over 600 million people lacking electricity access.

The agreement signed at the 27th Africa Energy Forum builds on a Memorandum of Understanding (MoU) established between both companies earlier in the year in Dubai, executed by Desert Technologies’ Chief Executive Officer, Khaled Sharbatly and Genesis’ Chairman, Akinwole II Omoboriowo. 

In a statement jointly issued in Jeddida, Saudi Arabia and London, the United Kingdom, the MOU laid the foundation for this strategic partnership, focused on the joint development and deployment of clean energy solutions across Africa which will also include strategic financing under the partnership.

The signing ceremony at AEF underscored both companies’ commitment to forging high-impact partnerships that align with Africa’s electrification goals and global sustainability priorities.

Speaking on the significance of the partnership, Chairman of Genesis Energy Holding, Omoboriowo, stated, “this collaboration with Desert Technologies marks a significant step in GENESIS’s sustained upward trajectory mission to expand access to clean, reliable power across Africa. 

Chief Executive Officer of Desert Technologies, Sharbatly, said, “this strategic partnership with Genesis marks a new chapter in D-T’s mission to expand Saudi innovation into high-impact global markets. By combining our smart infrastructure solutions with Genesis’ proven development platform, we are laying the groundwork for a long-term alliance that will accelerate Africa’s clean energy transformation—one project, one community at a time.”

  • Related Posts

    ‘Bitget’s US Stock-linked Futures Surpassed $5bn in Cumulative Volume’

    Kayode Tokede  Bitget, the world’s largest Universal Exchange (UEX), through its Chief Executive Officer,  Gracy Chen has disclosed that trading in Bitget’s US stock-linked perpetual futures has surpassed $5 billion in cumulative volume just days after a prior update signaling that everyday users increasingly want stocks and crypto in the same app, with one balance and a 24/7, mobile-first experience. Chen in a statement explained that, “Recent activity has clustered around MicroStrategy (MSTR), Tesla (TSLA), and…

    Read more

    SUNU  Assurances Secures  Approval for  Recapitalisation Plan

    Ebere Nwoji Shareholders of SUNU Assurances Nigeria Plc,  have approved a comprehensive recapitalisation programme that will enable the company raise up to N9 billion to meet the new Minimum Capital Requirement (MCR) for non-life insurers under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The approval was granted at the company’s Extraordinary General Meeting (EGM) held on recently Lagos, which recorded an impressive physical turnout of shareholders. Speaking at the meeting, Chairman of the Board, Mr.…

    Read more

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    ‘Bitget’s US Stock-linked Futures Surpassed $5bn in Cumulative Volume’

    ‘Bitget’s US Stock-linked Futures Surpassed $5bn in Cumulative Volume’

    SUNU  Assurances Secures  Approval for  Recapitalisation Plan

    SUNU  Assurances Secures  Approval for  Recapitalisation Plan

    Cardoso to Address Bankers at CIBN Annual Bankers’ Dinner

    Cardoso to Address Bankers at CIBN Annual Bankers’ Dinner

    2025: Policymakers, Financiers, Development Partners, Researchers Gather for Solewant Group’s Africa Energy Summit

    2025: Policymakers, Financiers, Development Partners, Researchers Gather for Solewant Group’s Africa Energy Summit

    Dun & Bradstreet: Over 600M Businesses Identified through DUNS Number

    Dun & Bradstreet: Over 600M Businesses Identified through DUNS Number

    Champion Breweries  Commences N15.91bn Rights Issue to Strengthen Expansion Strategy

    Champion Breweries  Commences N15.91bn Rights Issue to Strengthen Expansion Strategy

    Gov. Nwifuru presents N884.87 billion 2026 budget proposal to Ebonyi Assembly

    Gov. Nwifuru presents N884.87 billion 2026 budget proposal to Ebonyi Assembly

    Cardoso-led CBN recovers N2 trillion from old intervention schemes after audit review 

    Cardoso-led CBN recovers N2 trillion from old intervention schemes after audit review 

    Dangote partners Honeywell International to expand refinery capacity

    Dangote partners Honeywell International to expand refinery capacity

    Intense Group hosts Leadway Digital Summit – Driving the future of non-banking finance in Nigeria 

    Intense Group hosts Leadway Digital Summit – Driving the future of non-banking finance in Nigeria 

    FG unveils Inspire Live(s) online classes nationwide to boost education 

    FG unveils Inspire Live(s) online classes nationwide to boost education 

    CBN says foreign exchange rate now market-driven, retains high cash reserve ratio 

    CBN says foreign exchange rate now market-driven, retains high cash reserve ratio 

    Cardoso: 16 banks have met CBN recapitalisation threshold  

    Cardoso: 16 banks have met CBN recapitalisation threshold  

    CBN holds benchmark rate at 27% as inflation continues to ease

    CBN holds benchmark rate at 27% as inflation continues to ease

    Sanwo-Olu presents N4.237 trillion 2026 budget proposal to Lagos Assembly

    Sanwo-Olu presents N4.237 trillion 2026 budget proposal to Lagos Assembly

    CBN absorbs N2.87 trillion liquidity as 2025 debt issuance hits N17.6 trillion 

    CBN absorbs N2.87 trillion liquidity as 2025 debt issuance hits N17.6 trillion 

    FGN bond auction oversubscribed by 120% as investors bid N657 billion  

    FGN bond auction oversubscribed by 120% as investors bid N657 billion  

    BREAKING: CBN retains MPR at 27% to sustain inflation fight 

    BREAKING: CBN retains MPR at 27% to sustain inflation fight 

    CDCFIB announces recruitment for mid-management positions in Federal Fire Service 

    CDCFIB announces recruitment for mid-management positions in Federal Fire Service 

    Start small, retire big: The young Nigerian’s playbook to wealth 

    Start small, retire big: The young Nigerian’s playbook to wealth 

    Trump Is Boosting MAGA X Accounts Operating Overseas

    Trump Is Boosting MAGA X Accounts Operating Overseas

    20% Off LG Promo Code & Coupons | November 2025

    20% Off LG Promo Code & Coupons | November 2025

    Sam Bankman-Fried Goes on the Offensive

    Sam Bankman-Fried Goes on the Offensive

    11 Best Down Comforters (2025), Tested in Our Homes in Every Season

    11 Best Down Comforters (2025), Tested in Our Homes in Every Season

    Wish List 2025: A WIRED Gift Guide

    Wish List 2025: A WIRED Gift Guide

    Can Tech Get Rid of Bad Trips?

    Can Tech Get Rid of Bad Trips?

    The Best Mushroom Coffee, WIRED Tested and Reviewed (2025)

    The Best Mushroom Coffee, WIRED Tested and Reviewed (2025)

    He Hunted Alleged Groomers on Roblox. Then the Company Banned Him

    He Hunted Alleged Groomers on Roblox. Then the Company Banned Him

    LG UltraFine Evo 6K 32-inch Monitor Review: More Pixels, Please

    LG UltraFine Evo 6K 32-inch Monitor Review: More Pixels, Please

    Alleged N4 Billion Fraud: Court adjourns Ex-Governor Obiano’s trial indefinitely 

    Alleged N4 Billion Fraud: Court adjourns Ex-Governor Obiano’s trial indefinitely 

    Access Bank to unveil “Detty Fusion”: A CSR-Led initiative connecting Nigerians to safe and seamless festive experiences

    Access Bank to unveil “Detty Fusion”: A CSR-Led initiative connecting Nigerians to safe and seamless festive experiences

    Dangote partners Honeywell to double refinery capacity to 1.4m bpd by 2028 

    Dangote partners Honeywell to double refinery capacity to 1.4m bpd by 2028 

    Senegal mobile money tax: Experts push to shift levy from users transactions to service providers 

    Senegal mobile money tax: Experts push to shift levy from users transactions to service providers 

    Nigerian army seizes over 108 kilograms of cannabis, arrests suspect in Kogi state 

    Nigerian army seizes over 108 kilograms of cannabis, arrests suspect in Kogi state 

    Price check: What Christmas trees really cost in Nigeria in 2025 

    Price check: What Christmas trees really cost in Nigeria in 2025 

    What UACN’s 182 Billion Naira Investment Means for Investors 

    What UACN’s 182 Billion Naira Investment Means for Investors